My car suffered from this a couple of weeks ago, The bolt had forced it's way through the casing. This however is not always a case of just changing the belt and the bolt. Mine requires a new crankshaft as the stationary bolt had ruined the thread in the rotating shaft.
It is at Krazy Horse now waiting for parts, I was told that this is the second crankshaft they have had to replace due to this problem so it is quiet common.
What I cannot understand is why this is not sorted out during a service on the older cars, the cost of changing a bolt must be insignificant when compared to a crankshaft and all go the other bits and bobs. If Morgan were a bit more proactive it would save them a lot of money in the long run and improved customer service considerably.